>In a model where Bitcoin is the only available currency, you could certainly assign an economic value to a mixer - the value of the created privacy (yes, I kno

>In a model where Bitcoin is the only available currency, you could certainly assign an economic value to a mixer - the value of the created privacy (yes, I know that mixers are flawed). Are mixers spoofing? Here, consider a market with three people: A, B, C all with 100 BTC. At 12:01 A sells 50 shares to B. Starting at 12:01 and going until 12:00 B and C sell 1 share back and forth, one transaction per minute. So after 24 hours they have: A - 50 B - 150 C - 100 Is the 'true' trading volume for the day 50 or is it 1490? It's a matter of perspective but Elementus views that 50 as an important number that investors should have. I agree that using the term 'economic' is dumb but investors want to understand the actual dynamics of buyers and sellers in the market, not the dynamics of ultra-noisy zero-netting mixers.